SWP Financial LLC Has $710,000 Position in iShares Gold Trust $IAU

SWP Financial LLC cut its holdings in iShares Gold Trust (NYSEARCA:IAUFree Report) by 71.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,059 shares of the exchange traded fund’s stock after selling 20,122 shares during the quarter. SWP Financial LLC’s holdings in iShares Gold Trust were worth $710,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Godfrey Financial Associates Inc. bought a new position in iShares Gold Trust in the fourth quarter valued at approximately $25,000. Monetary Solutions Ltd bought a new stake in shares of iShares Gold Trust during the fourth quarter worth $26,000. Rossby Financial LCC raised its holdings in shares of iShares Gold Trust by 75.7% during the fourth quarter. Rossby Financial LCC now owns 325 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 140 shares during the period. Gables Capital Management Inc. raised its holdings in shares of iShares Gold Trust by 173.1% during the fourth quarter. Gables Capital Management Inc. now owns 355 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 225 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in iShares Gold Trust in the 4th quarter valued at $29,000. 59.67% of the stock is owned by institutional investors.

iShares Gold Trust Trading Down 0.7%

Shares of NYSEARCA IAU opened at $78.80 on Tuesday. The firm has a market cap of $67.09 billion, a PE ratio of 5.53 and a beta of 0.15. iShares Gold Trust has a 1-year low of $61.37 and a 1-year high of $104.40. The company has a fifty day moving average price of $85.35 and a 200 day moving average price of $87.72.

Key iShares Gold Trust News

Here are the key news stories impacting iShares Gold Trust this week:

iShares Gold Trust Company Profile

(Free Report)

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).

Further Reading

Institutional Ownership by Quarter for iShares Gold Trust (NYSEARCA:IAU)

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